I'm thinking about purchasing a Luxman D-08 SACD/CD Player

Check out whitecamaross thread in amps/preamps where he sells/replaces a top of the line Esoteric K1 Grandioso with the Luxman D-08u and his comments on why he did what he did (you will have scroll to find the post, there are 1000s of posts in the thread).
That should give you all you need.

I recently heard from my Luxman distributor that he received an email from Luxman saying that they are discontinuing all SACD players.

Can anyone confirm this?

@greginnh 

That is strange. My distributor claims to have gotten a formal email from Luxman to that effect. I heard someone else in one of forums say something similar (heard from a dealer).

There isn't a reason why he should mislead since I asked him for pricing on a D-08u with some intentions of placing an order.

Maybe it is a country-based thing. And in the USA it will still be supported.

@greginnh Used to live in San Francisco until a year ago, now in India for a bit.

BTW have you ever had a chance to compare Luxman DA-06u to the Bricasti M1SE, I am trying to decide between one of these two.

It would be perfect if Luxman came up with a streaming DAC sometime soon, the DA-06 is quite old now.

Oh nice. Looking forward to hearing more on what you think about it.